- Mercado Bitcoin integrates native INJ, enabling Brazilian users to access the Injective ecosystem with fiat like Brazilian Real.
- Injective advances blockchain innovation, partnering with ASI to activate interoperability rails for AI and decentralized finance.
Mercado Bitcoin, Brazil’s largest exchange with over 3 million customers, has recently added INJ tokens. Using fiat money like the Brazilian Real, this action lets users immediately access the Injective ecosystem, therefore simplifying involvement in decentralized finance (DeFi).
Being the first crypto exchange in Latin America, Mercado Bitcoin has been instrumental in promoting blockchain technology acceptance all throughout the continent.
The largest Brazilian exchange with over 3 million users has officially integrated native $INJ.@MercadoBitcoin enables anyone to on-ramp into the Injective ecosystem with fait such as the Brazilian Real. Mercado Bitcoin is also the oldest crypto exchange in Latin America. pic.twitter.com/0om9pIatjW
— Injective 🥷 (@injective) December 23, 2024
Expanding Crypto Accessibility Across Borders
Adding to the increasing availability of cryptocurrency, MetaMask has unveiled its MetaMask Card in Mexico, Colombia, Brazil, and Mexico, as we previously reported. This innovative card enables users to conduct regular crypto transactions, thereby bridging the divide between traditional financial institutions and DeFi.
Accepted anywhere Mastercard is used, the card functions like a standard debit card, therefore further confusing the boundaries between fiat and digital money.
Plans for global development from Coins.ph, meanwhile, highlight the growing worldwide prominence of the Brazilian crypto space.
Originally situated in the Philippines, the site is now focusing on Brazil after seeing an amazing tenfold rise in trading volume. Emphasizing flawless digital asset management, the relocation shows increasing faith in the area’s ability for crypto acceptance and innovation.
Major players hoping to combine technology and economics have piqued local market interest as the Brazilian crypto space develops. Blockchain and artificial intelligence are starting to take the stage. Previously, CNF reported that an interoperability train had been effectively triggered by injective working with the Artificial Superintelligence Alliance (ASI).
Meanwhile, INJ is swapped hands at about $23.44 at the time of writing, showing a 3.89% increase over the last 24 hours that has driven its market cap back beyond $2.3 billion.
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